13015 Vanowen Street, North Hollywood, CA 91605
- $2,175,000
- Sold Price
- $2,175,000
- List Price
- $2,200,000
- Closing Date
- Jan 08, 2026
- Status
- CLOSED
- MLS#
- SR25244770
- Year Built
- 1984
- Lot Size
- 10,724
- Acres
- 0.25
- Lot Location
- Near Public Transit, Walkstreet
- Days on Market
- 12
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
Property Description
Built in 1984, 13015 Vanowen Street is a well-maintained multifamily investment featuring a desirable mix of studios, one-bedroom, and two-bedroom units—appealing to a wide tenant base and supporting strong occupancy. The property offers efficient layouts and clear upside potential through targeted renovations. Investors can also capitalize on the opportunity to convert the (5) single-car garages into ADUs for additional income (Buyer to verify), while the property’s 10 surface parking spaces provide added tenant convenience. Additionally, the property benefits from AB 1482 rent control, allowing annual rent increases of up to 5% plus CPI, ensuring long-term income stability. Situated on Vanowen Street and Coldwater Canyon Avenue in the San Fernando Valley, the property enjoys a central location in a high-demand rental market with convenient access to shopping, dining, schools, and major transportation corridors including the 405, 101, and 170 freeways. The area continues to experience steady growth, with strong employment hubs and revitalized retail corridors driving demand for quality rental housing. Its strategic location and neighborhood amenities make 13015 Vanowen Street a compelling and enduring investment opportunity.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $189,586
- Operating Expense
- 64190
- Garage Spaces
- 5
- Levels
- One
- Parking Spaces
- 15
Listing courtesy of Listing Agent: Akash Saini (Akash@thecommercialbroker.com) from Listing Office: Keller Williams Realty Calabasas.
Listing sold by Akash Saini from Keller Williams Realty Calabasas
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.